News stories for Zaheer Abbasi & Sohail Sarfraz

Zaheer Abbasi & Sohail Sarfraz

Defaulters’ utility connections to be cut: FBR starts serving notices with 30-day compliance time

After acquiring data from the Nadra, FBR has started serving notices to people across the country and they have been given 30-day time

Updated 30 Nov, 2023 07:22pm

Builders, developers: Simplified fixed tax scheme finalized

The government has finalized a simplified fixed tax scheme for developers and builders, offering a 90 percent reduction in tax for low-cost housing schemes, particularly the Naya Pakistan Housing Authority (NPHA). Sources said the FBR has given final touc

Published 05 Oct, 2019 12:00am

Builders, developers: Simplified fixed tax scheme finalized

Published 05 Oct, 2019 12:00am

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Government optimistic about FATF prospects

The government has made positive progress in compliance with the recommendations of Financial Action Task Force (FATF) after April 2019 and would submit a report to its Working Group in September 2019. This was stated by Minister for Economic Affairs Divi

Published 31 Aug, 2019 12:00am

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Government optimistic about FATF prospects

Published 31 Aug, 2019 12:00am

Markets

PFMA allegedly involved in fixing flour prices: CCP

Pakistan Flour Mills Association (PFMA) was allegedly involved in fixing flour prices and providing its members a platform to exchange commercially sensitive information and strategic data on flour prices which is, prima facie, violation of section 4 of t

Published 17 Aug, 2019 12:00am

Markets

PFMA allegedly involved in fixing flour prices: CCP

Published 17 Aug, 2019 12:00am

Markets

PFMA allegedly involved in fixing flour prices: CCP

Published 17 Aug, 2019 12:00am

January to July: Rs 231 million collected on import of 120,741 mobile phones, Senate body told

The Federal Board of Revenue (FBR) has collected Rs 231 million on the import of 120,741 mobile phones from January 15, 2019 to July 15, 2910 under the baggage scheme. According to the data presented by the FBR before the Senate Standing Committee on Info

Published 18 Jul, 2019 12:00am

Senate panel for continuing ST zero-rating regime

The Senate Standing Committee on Finance has recommended the National Assembly to continue sales tax zero-rating regime for five export-oriented sectors in the Finance Bill 2019. The committee presided over by Senator Farooq H Naek resumed discussion on t

Published 20 Jun, 2019 12:00am

Markets

PKR erosion adds to external debt heavily

The burden of Pakistan's external debt has increased by Rs 661 billion since the rupee depreciation began three days ago. From Wednesday 15 May, the State Bank of Pakistan (SBP) ceased to provide an indicative level to banks' treasuries within which the r

Published 18 May, 2019 12:00am

Markets

PKR erosion adds to external debt heavily

Published 18 May, 2019 12:00am

Markets

PKR erosion adds to external debt heavily

The burden of Pakistan''s external debt has increased by Rs 661 billion since the rupee depreciation began three days ago. From Wednesday 15 May, the State Bank of Pakistan (SBP) ceased to provide an indicative level to banks'' treasuries within which the

Published 18 May, 2019 12:00am

Markets

Dollar not available in open market?

Exchange companies said dollar was not available in the open currency market with traders stating that it was traded at Rs 148 to Rs 155 on the open currency market. Currency dealers told Business Recorder that no dollars are available in the local market

Published 17 May, 2019 12:00am

Markets

Dollar not available in open market?

Published 17 May, 2019 12:00am

Markets

Dollar not available in open market?

Published 17 May, 2019 12:00am

Mobile phone top-ups: no proposal under study to waive advance WHT

There is no proposal under consideration for withdrawal of collection of advance withholding tax on mobile phone top-up cards recently allowed by the Supreme Court of Pakistan. Sources in the FBR said that the sales tax on mobile cards is a provincial sub

Published 28 Apr, 2019 12:00am

FY2018-19: Rs 57 billion revenue shortfall witnessed in first six months

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Sep 18	278.10
USD PKR Interbank Buying / Sep 18	277.90
USD to Japanese Yen / Sep 18	141.35
USD to Swiss Franc / Sep 18	0.85
Pound Sterling to USD / Sep 18	1.32
Euro to USD / Sep 18	1.11

Stock	Volume
S&P 500 / Sep 16	5,633.09
Nasdaq / Sep 16	17,592.13
Dow Jones / Sep 16	41,622.08
India Sensex / Sep 18	83,243.51
Tokyo Nikkei / Sep 18	36,194.62
Hang Seng / Sep 18	17,660.02
FTSE 100 / Sep 18	8,272.52
Germany DAX 30 / Sep 18	18,716.28

Item	Value
Karachi Cotton PKR/37.32 KG / Sep 16	18,935
Crude Oil USD/Barrel / Sep 18	70.77
Gold 10 Grams PKR / Sep 18	229,510
Gold Spot USD/Ounce / Sep 18	2,566.05
Cotton US¢/pound / Sep 18	72.30
Petrol/Litre / Sep 19	249.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Sep 19 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Sep 19 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Sep 19 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Sep 19 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Sep 19 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Sep 19 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Sep 19 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Sep 19 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Sep 19 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Sep 19 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Sep 19 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Sep 19 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Sep 19 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Sep 19 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Sep 19 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Sep 19 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Sep 19 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Sep 19 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Sep 19 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Sep 19 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Sep 19 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Sep 19 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Sep 19 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Sep 19 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Sep 19 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Sep 19 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Sep 19 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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